Skip to main content

Scholarship Challenge Already Yielding Results

An anonymous donor has dedicated $10 million to endowed scholarships for Colorado College students and challenges other members of the college community to make gifts of their own. The donor, who initiated the challenge through estate plans, will direct $100,000 to each additional donor commitment that establishes or enhances endowed scholarships for CC students in the amount of $100,000 or more.

The ultimate goal of the challenge is 101 scholarship endowments supported by at least $20 million in funding. "Scholarships are essential to CC's ability to compete for talented and diverse students. The challenge, and everyone who participates, will help students in this most meaningful way," said CC President Jill Tiefenthaler.

So far the Advancement Office has received three documented scholarships qualifying for the challenge and another five to six in the process of documentation. "I am very excited by the response from alumni to the challenge - the conversations demonstrate deep and lasting commitment to ensure the future of CC," said Nancy Baxter '78, director of gift planning.

The gift that launched the challenge was part of a record-setting year in CC fundraising: during the 2015 fiscal year, CC received $37.1 million in cash, pledges, and estate commitments, and when combined with gifts received during the previous three fiscal years, equals $73.8 million, the best four-year period of fundraising in the college's 141-year history.

Report an issue - Last updated: 12/16/2020